Velocity resumed origination activity in September, funding $63 million of investment-property loans in October.

This summer, non-cash-flowing loans as a share of aggregate current balance of non-agency MBS ranged from around 5% of post-2010 prime non-agency MBS to as high as 26% for legacy deals...

Research published by AEI shows that, between 2014 and 2019, the average interest rate on jumbos was 29 bps lower than on agency loans.

Redwood locked $2.1 billion in mortgages during the third quarter but only acquired $176 million...

Loans in the $570.2 million MBS were originated by Citadel Servicing Corp. and have seasoned for an average of 20 months.

First Guaranty Mortgage Corp. restarted its Maverick non-QM program and New Residential Investment plans to resume non-QM lending shortly.

On Friday, Black Knight Financial released its forbearance tally, saying cases declined by 11,000 units for the seven-day period, ending October 20. Roughly, three million mortgagors remain in active COVID-related relief programs, the analytics firm noted.

The July-September cycle was the strongest production level since the second quarter of 2008, when ABS issuance hit $73.42 billion.

The bank increased originations of conventional loans and jumbos while reducing its government-insured production.

During the comment process, industry groups suggested the CFPB create an overlapping period of three to six months between the sunset date of the patch and the implementation of its replacement. However, the CFPB did not adopt the suggestion...